Blockchain tutorial 1: Binary, decimal and hexadecimal numbers

This is part 1 of the Blockchain tutorial explaining what binary, decimal and hexadecimal numbers are.

In this video series different topics will be explained which will help you to understand what Blockchain technology is.

Bitcoin released as open source software in 2009 is a cryptocurrency invented by Satoshi Nakamoto (unidentified person or group of persons).
After the introduction of Bitcoin many Bitcoin alternatives were created. These alternate cryptocurrencies are called Altcoins (Litecoin, Dodgecoin etc).
Bitcoin's underlying technology is called Blockchain.
The Blockchain is a distributed decentralized incorruptible database (ledger) that records blocks of digital information. Each block contains a timestamp and a link to a previous block.

Soon people realises that there many other use cases where the Blockchain technology can be applied and not just as a cryptocurrency application.
New Blockchain platforms were created based on the Blockchain technology, one of which is called Ethereum.
Ethereum focuses on running programming code, called smart contracts, on any decentralized application.

Using the new Blockchain platforms, Blockchain technology can be used in supply chain management, healthcare, real estate, identity management, voting, internet of things, etcetera, just to name a few.
Today there is a growing interest in Blockchain not only in the financial sector but also in other sectors.

Explaining how Blockchain works is not easy and for many the Blockchain technology remains an elusive concept.
This video series tries to explain Blockchain to a large audience but from the bottom up.
Keywords often used in Blockchain conversation will be explained.
Each Blockchain video is short and to the point.

It is recommended to watch each video sequentially as I may refer to certain Blockchain topics explained earlier.

Check out all my other Blockchain tutorial videos

Subscribe to my YouTube channel

The presentation used in this video tutorial can be found at:

#mobilefish #blockchain #bitcoin #cryptocurrency #ethereum

[MinorSwing-quku]

I find you the clearest explnator among all thnx for the sharing of you knowledge

[tabuk]

This is a simplest explanation of number types I have ever seen!
Good job, Thanks!

[zhenminliu]

Hi, I find this video clear. I understand it. Thank you.

[Eruptandretype]

I'm doing the math for the 1010 number mentioned in the video but keep coming up with 68 decimal numbers. Can anyone tell me what I could be missing out on here?

[b.pittens]

Hi Very good, I've learned a lot of this serie. Thanks :-)

[bytler]

Very professional, thank you. Can you make a video about IOTA ?

[nhuynguyen.]

Thank you so much! But I can do to use blockchain into android ?. I start studying, so I have things not understand and know.

[markherher]

Hello sir, can you make a video on how to do the exact programming mechanics regarding blockchain. You can publish it in UDEMY.

[KC-tblf]

I want real time project on blockchain?

[ganeshdipdumbare]

Nice explanation. Can you please explain ethereum yellow paper too in new playlist?